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Two friends are discussing aging and disability,when the one says,"Look,I don't care who you are,Bill Gates or a bag lady,the longer you live,the more likely you are to get sick." Which of hypothesis best matches this argument?
Reputation
A long-term standing in the public regard that serves to reassure others that private information is not being concealed; a valuable asset in the face of adverse selection.
Diversification
The strategy of allocating investments or resources among various financial instruments, industries, or other categories to reduce risk.
Economic Losses
Financial shortfalls that occur when a firm's total costs surpass its total revenues, leading to a negative profit margin.
Positively Correlated
Describes a relationship between events such that each event is more likely to occur if the other event also occurs.
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